Award Letter Addendum

The Department of Education has designed the federal financial
aid programs to assist you in paying for your direct costs of
attending college and assist you in paying for only a portion of
your indirect costs of attending college. At SPC we always
award gift aid first to any student who qualifies. Any
student who is interested in an on-campus job or a Stafford Student
Loan should request an application from his/her financial aid
advisor. If gift aid is not enough to pay for a
student’s education, the student is expected to apply for, or
provide funds through self help aid.

DEFINITION OF TERMS

Cost of Attendance: (see front page of
your award letter)
This budget includes estimated tuition and fees assessed a student,
together with our estimate of the cost of room and board,
transportation, books and supplies and miscellaneous personal
expenses, student loan fees and dependent care for children under
11 years of age. At the request of the student along with
proper documentation, we may also add the cost of purchasing a
computer or any disability related costs to the student’s
cost of attendance.

Direct Costs:
Charges paid directly to SPC for tuition, fees and institutionally
owned room and board (if a student is living on
campus).

Indirect Costs:
Estimated charges placed in the student’s cost of attendance
such as off-campus room and board, transportation, miscellaneous
personal expenses, student loan fees and dependent care.
FINANCIAL AID IS DESIGNED TO ASSIST YOU WITH A PERCENTAGE
OF YOUR INDIRECT COSTS; BUT IT USUALLY WILL NOT COVER 100% OF YOUR
LIVING EXPENSES.

Gift Aid:
Federal grants, state grants and scholarships that do not require
repayment from present or future earnings (unless a student
withdraws prior to the 60% point in the semester).

Self Help Aid:
Funds provided from a student’s current job, savings from
previous employment, or a student loan.

Your Resources: (see front page of your award
letter)
Also known as EFC or Estimated Family
Contribution is the amount a student and his or her family are
expected to pay toward the student's cost of attendance as
calculated by a Congresionally mandated formula known as Federal
Methodology. The EFC is used to determine a
student's eligibility for financial aid programs

BUSINESS OFFICE PAYMENT OPTIONS

Payment may be made by cash, check, money order,
MasterCard or Visa. Tuition, fees, room and board are payable
in full at the time of registration; however, students may request
the option of paying in prescribed installments during the fall and
spring semesters. A $30 Installment Fee will be assessed for
tuition and fees and a $35 fee for room and board. Students
need to go to Student Campus Connect to request payment plan option
for tuition and fees.

STUDENTS WHO HAVE ENOUGH FINANCIAL AID TO
COVER ALL OF THEIR TUITION AND FEE CHARGES WILL NOT BE ALLOWED TO
CHOOSE THE INSTALLMENT OPTION.

ENROLLMENT REQUIREMENTS

You must be enrolled in and regularly attending the minimum
required number of credit hours below for each program in order to
receive either partial or full funding.

TYPE OF AID PROGRAM FUNDING

MINIMUM CREDIT HOURS

PERCENTAGE OF FUNDING

Direct Subsidized Loan

6-8

100%

Direct Unsubsidized Loan

6-8

100%

Direct Parent Loan

6-8

100%

Federal SEOG Grant

1-5

100%

Federal ACG Grant

12

100%

Federal College Workstudy

1-5

100%

Texas College Workstudy

1-5

100%

TPEG State Grant

1-5

Varies

TEXAS Grant (state aid)

9-12

100%

TEOG Grant (state aid)

6-8

100%

FEDERAL PELL GRANT ENROLLMENT
REQUIREMENTS

TYPE OF PELL AWARD

HOURS ENROLLED

PERCENTAGE OF FUNDING

Maximum PELL

12 or more

100%

(00000 EFC #)

9-11

75%

6-8

50%

1-5

Approx. 25%

Minimum PELL

12 or more

100%

9-11

0 to Partial

6-8

0 to Partial

1-5

NONE

If you are NOT planning to attend full-time and you are unsure what
your funding level will be, please contact your finaical aid
advisor.

FUNDING LEVELS FOR ALL TYPES OF AID
If you withdraw from any courses prior to the census date, your
Financial Aid may decrease. This could cause you to owe money
to the Business Office, Bookstore, or Housing. You would be
responsible to pay these charges with your own personal
funds. The census date is the 12th class day for the fall and
spring terms. The census date is the 4th class day for the
5-week summer sessions. Other summer session dates
vary. Please contact us for more information.

HANDLING OVERAWARD SITUTIONS
If you receive any type of additional funding after your receipt of
this award letter--that is in excess of your documented need, we
may be required to reduce your award package. If we are
forced to reduce your aid, according to federal regulations, we
will reduce or eliminate student loans first. Next, we would
eliminate or reduce on campus work programs. Finally, we
would eliminate or reduce federal or state grant programs.
However, the PELL grant program is never eliminated or reduced by
SPC due to the receipt of other aid.

South Plains College does not discriminate on the basis of race, color, national origin, sex,

disability or age in its programs and activities.

The following person has been designated to handle inquiries regarding the non-discrimination policies:Vice President for Student Affairs, South Plains College1401 College Avenue, Box 5, Levelland, TX 79336, 806-894-9611